Post Office SCSS: Secure ₹20,500 Monthly Income After Retirement!

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News18•28-12-2025, 19:54
Post Office SCSS: Secure ₹20,500 Monthly Income After Retirement!
- •Senior Citizens' Savings Scheme (SCSS) 2025 offers a reliable monthly income for retirees.
- •Invest up to ₹30 lakh at an 8.2% annual interest rate to potentially earn ₹20,500 per month.
- •Eligible for individuals 60+ years, or 55-60 years for recent retirees.
- •The scheme is government-backed, ensuring no market risk and providing financial security.
- •Account tenure is 5 years, extendable by 3; interest is taxable, principal is tax-exempt.
Why It Matters: SCSS offers a secure, government-backed way for seniors to ensure a fixed monthly income post-retirement.
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